$ADA Today's Pro Trading Plan: ADA/USDT - May 22, 2025
1. Primary Bias & Setup: Long bias; market is in a confirmed breakout structure post reclaim of key moving averages (20MA, 200MA). Strong bullish engulfing candles signal continuation. Focus: intraday trend-following.
2. Entry Zone: Optimal pullback entry between 0.7770 – 0.7820. Confluence: minor FVG fill, demand retest, and dynamic 20MA proximity.
3. Stop Loss Placement: SL at 0.7570. Breach below this invalidates bullish momentum and breaks prior structure.
4. Risk/Reward Ratio: 2.8R based on current setup parameters.
5. Profit Targets:
• Target 1: 0.7980 – previous intraday high
• Target 2: 0.8125 – trend continuation zone
• Target 3: 0.8300 – breakout extension and psychological round level
6. Market Sentiment: Bullish strength confirmed by increasing volume on green candles, no bearish divergence, and aggressive bid absorption on prior pullbacks.
7. Invalidation Plan & Contingency Setup: If 0.7570 breaks, flip short below 0.7520. SL above 0.7825. Targets: 0.7380 / 0.7260.
Disclaimer: All trading involves risk. This content is for informational purposes only. Please trade responsibly.